Is it safe?
Can CI take a bad year?
Cigna carries $25.6B of net debt at 2.02× EBITDA: a load its earnings can carry.
$25.6B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.02×
Net debt / EBITDA · 2.19× a year ago · the load is coming down
- Altman Z-score
- 2.67
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 7.22×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $32.9B
- Cash and short-term investments
- $7.26B
- Net debt
- $25.6B
- EBITDA, trailing twelve months
- $12.7B
- Operating profit, trailing twelve months
- $9.96B
- Debt / equity
- 0.77×
- Total debt / EBITDA
- 2.59×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −42%
- Below its 52-week high
- −8.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Healthcare Plans
Ranks #8 of 11 by Smart Score